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10 Mistakes That Reduce Profitability
In my professional experience as a sales and marketing coach/consultant, I've had the opportunity to work with a number of small business owners on various issues related to sales and marketing. The owners who are struggling to keep their...
Organisation - Getting Back To Basics
If you look at any major organisation, there is this trend for executives to use "palm pilots" in conjunction with software schedulers such as Microsoft Outlook.
What's really interesting is even with all this technology (and many of ...
Step by Step - You Will Succeed With Your Internet Business
It takes an average of one year to start seeing the result of your effort in the internet. Thats a pretty small price to pay for this huge market. It takes time to develop a business It takes time to know wich products sells best and wich...
The Power Is In The Pipes: How To Get Maximum Leverage From Your Website
What is the most important part of your online business? Many people would say: "my website". And that’s understandable – it’s the most visible part of an internet business.
But the real power in your online business is email. It’s the...
Use of IT in the Retail Industry
Retail industry is one of the most prominent business categories in the modern world. It is spread all over the world, and has a history that is almost as long as human nature. The definition for Retail is ‘Sale of goods in small quantities to the...
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Use The Probability Factor To Start Your Small Business Home Business
How do you find a business that is right for you and has a great
probability of success? There are two steps that you should take.
1. Pick something that interests you. Better yet, pick something
that you are passionate about. If you are not interested or you
don't like it, the work rapidly becomes drudgery and you will
likely quit after having invested a lot time and money.
2. Find out if there is a market for you business. This is
important because if there isn't a market, you could spend
months developing your product and if only a couple of people
care about it, and no one else is interested, you just wasted a
lot of time, money, and potential income.
How do you find out if there is a market for what you want to do?
3. Do a search on Overture
http://inventory.overture.com/d/searchinventory/suggestion/
and enter one or more words that describe your business. The
suggestion tool tells you how many people have searched for your
term in the past month. Multiply that number by five to figure
the approximate number of searches in the past year. This will
tell you how many people are searching for your product or
services.
4. Look at the top 20 returns for your product on the search
engines (Google, Yahoo, and MSN) to see what competition you
have. Review your competitors' sites to see what they are
doing
well and to see what they are doing poorly. You may be able to
see at what price they are selling a product or service similar
to yours.
5. Look at the ads presented by the search engines. They are
usually located above the search results and to the right of the
search results. If there are a lot of ads for your search terms,
then there is probably a market for your product or service.
6. If you have found that there is a lot of activity, go to h
ttp://uv.bidtool.overture.com/d/USm/search/tools/bidtool/
and enter your search terms to see how much people are paying
Yahoo to advertise your keywords using Pay Per Click. To use PPC
you bid for placement on the Yahoo search engine pages. The
higher you bid, the higher your placement. If your competitors
are bidding $1.50 or more it is a good indicator that there is a
real market.
If there is little activity, then you probably won't do well and
should look for something else or reframe your product or
service.
If there appears to be a lot of activity for your product or
service, then go for it!
About the author:
Start your Internet Business/Home Business the right way and
save $3000, $4000 or more. Get a FREE no nonsense 6 part
mini-course here:
http://daily-results.com/start-a-home-business.html VISIT our
site: http://www.daily-results.com
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| United States Small Business Administration |
| An electronic gateway of procurement information for and about small businesses. Search engine for contracting officers, marketing tool for small firms, ... |
| www.sba.gov |
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| SBA |
| The Small Business Planner includes information and resources that will help you at any stage of the business lifecycle. ... |
| www.sba.gov |
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| Main Page - SmallBusiness.com - Small Business Resources |
| Find Small Business plans, advice, tutorials about organization, corporations, entrepreneurship, and smallbusiness. |
| www.smallbusiness.com |
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| Yahoo! Small Business: Domain Names, Web Hosting, E-commerce ... |
| Yahoo! Small Business provides products and services that enable you to establish and grow your business on the Internet. Services include domain name ... |
| smallbusiness.yahoo.com |
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| Small business advice business start up small business finance ... |
| business start up small business finance start up advice. |
| www.smallbusiness.co.uk |
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| Smallbusiness.gov.au redirect to business.gov.au |
| Business Entry Point - Helping small business in big ways. An Australian Government initiative. The content from this website has now been consolidated into ... |
| www.smallbusiness.gov.au |
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| Business & Small Business |
| Online and print small business publication. Information to help start, grow or manage a small business. |
| www.entrepreneur.com |
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| Microsoft Small Business Center |
| Your home for information about Microsoft's small-business products and services, tailored business advice, technology tools, and more. |
| www.microsoft.com |
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| The Small Business Advisor - advice for starting and operating a ... |
| Advice and assistance for starting and operating a small or home based business. |
| www.isquare.com |
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| SCORE "Counselors to America's Small Business" |
| A nonprofit association dedicated to encouraging the formation, growth, and success of small business nationwide through counseling and mentor programs. |
| www.score.org |
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| Small Business and Self-Employed One-Stop Resource |
| IR-2006-2, January 3, 2006 - Temporary and proposed regulations will significantly reduce tax filing burden for nearly 950000 small business owners. ... |
| www.irs.gov |
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| Welcome to Small Business BC your business resource in British ... |
| BC Business Services offers assistance and resources for those running or starting a business in British Columbia and Vancouver. |
| www.smallbusinessbc.ca |
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| Small Business Service | Home |
| Provides information and advice to help small businesses realise their potential. |
| www.sbs.gov.uk |
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| NSW Small Business |
| A site developed by the NSW Department of State and Regional Development for small businesses. Topics include management, resources, current issues and ... |
| www.smallbiz.nsw.gov.au |
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| Business Management & Advice: Small Business Resources & Information |
| Looking for business management and advice? Our website includes small business resources and information that can help you. Visit the small business ... |
| www.businessweek.com |
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| Small Business Lawyer, Attorney, Law, Legal Help - FindLaw for ... |
| Information and legal sites relevant to small business. |
| smallbusiness.findlaw.com |
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| Small Business Funding Opportunities (SBIR and STTR) |
| Links to Small Business Funding Opportunities and SBIR / STTR Applications. |
| grants.nih.gov |
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| Microsoft bCentral Small Business Directory |
| Directory categorized by industry with company business card feature. |
| sbd.bcentral.com |
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| Our site has moved! Please update your bookmarks! |
| Facilitates the sharing and exchange of information among small business development centers, the small business administration and other business-oriented ... |
| sbdcnet.utsa.edu |
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| Small Business Development Corporation |
| Our business information services provides guidance to improve business skills and knowledge on advice on starting, buying, selling and expanding a small ... |
| www.sbdc.com.au |
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